08.18.17
BASF New Business has acquired 100% of the filament producer Innofil3D, Emmen, Netherlands. Approval from antitrust authorities is not required.
“With this acquisition, BASF is moving one step further along the value chain and can now provide not only plastic granulate for 3D printing but also the next processing level: the filaments,” said Volker Hammes, managing director at BASF New Business. “Following the recently announced establishment of BASF 3D Printing Solutions, based in Heidelberg, Germany, this is another important step in strengthening our 3D business.”
Innofil3D is a leading producer of customized filaments (long, thin plastic fibers) that are used in fused filament fabrication, a special 3D printing process that manufactures items layer by layer from meltable plastic. The functionality of the printed item is determined not only by the plastics, but also by the consistently high quality of the filaments. The Dutch company’s product range will add thermoplastic filaments for 3D printing to BASF’s portfolio.
Innofil3D will continue its current business activities and will also become a key development and production platform for filaments.
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“With this acquisition, BASF is moving one step further along the value chain and can now provide not only plastic granulate for 3D printing but also the next processing level: the filaments,” said Volker Hammes, managing director at BASF New Business. “Following the recently announced establishment of BASF 3D Printing Solutions, based in Heidelberg, Germany, this is another important step in strengthening our 3D business.”
Innofil3D is a leading producer of customized filaments (long, thin plastic fibers) that are used in fused filament fabrication, a special 3D printing process that manufactures items layer by layer from meltable plastic. The functionality of the printed item is determined not only by the plastics, but also by the consistently high quality of the filaments. The Dutch company’s product range will add thermoplastic filaments for 3D printing to BASF’s portfolio.
Innofil3D will continue its current business activities and will also become a key development and production platform for filaments.
More News xxx